Category: JOBS

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.20 in the early Asian trading hours on Monday. The DXY edges higher amid a ramp-up in US rate hike bets. US markets are closed on Monday for Labour Day. Data released by the US Bureau of Labor Statistics (BLS) on Friday showed that Nonfarm Payrolls (NFP) climbed by 162K in August, versus an upwardly revised rise of 21K prior. This figure came in above the market consensus of 56K. The Unemployment Rate in the US held steady at 4.1% during the same period. Traders moved to price in a roughly 58.3% probability that the Federal Reserve (Fed) will hike rates this month following the stronger US jobs data, according to the CME FedWatch tool. The US Producer Price Index (PPI) and Consumer Price Index (CPI) inflation data will be the highlights later this week. These reports could offer further clues on the...

The U.S. job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1 per cent. The jobs report, issued by the Labor Department Friday, could be good news for U.S. President Donald Trump two months before midterm elections in which the health of the economy is weighing on voters’ minds.Hiring far exceeded the 65,000 forecasters had expected, according to a poll by FactSet. Labor Department revisions also looked good, adding 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they’d cut 23,000. 2:01 Business Matters: Canada could lose 90,000 jobs due to new U.S. tariffs And the U.S. labor force — the number of people working or looking for work — jumped by 683,000 last month after falling in June and July. Story continues below advertisement Companies have been contending with a shortage of workers — the result of Trump’s immigration crackdown and...

WASHINGTON (AP) — The U.S. labor market bounced back in August as employers added a surprising 162,000 jobs, ending a summer of lackluster hiring with a bang. The unemployment rate remained at a low 4.1%. Hiring far exceeded the 65,000 jobs that forecasters had expected, according to a poll by FactSet. Labor Department revisions also looked good, adding 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they'd cut 23,000. Two months before the midterm elections, President Donald Trump welcomed the strong hiring report Friday. "Great jobs number just announced, breaking all estimates (except mine!) by double and triple - And you haven't seen anything yet!" Trump wrote in a social media post. ...

The U.S. economy's softer labor market this summer follows stronger employment growth in the spring, according to Vanguard senior economist Adam Schickling. The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty over the Iran war's economic impact. What are the key findings of the July 2026 jobs report?The Bureau of Labor Statistics on Thursday reported that employers cut 23,000 jobs in June. That figure was well below the estimate of economists polled by LSEG, who estimated 80,000 jobs would be added. The unemployment rate dipped to 4.1%, which was also below the estimate of 4.3%. BLS TOOK STEPS TO FIX DATA RELEASE FAILURES BUT WATCHDOG SAYS MORE SAFEGUARDS ARE NEEDEDRevisions were made to the payroll numbers for the prior two months, with May revised down by 66,000 from a gain of 129,000 to 63,000; while June's report was revised down by 37,000 from a gain of 57,000 to 20,000.Taken together, employment in May and June...

WASHINGTON (AP) — The U.S. job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1%. The jobs report, issued by the Labor Department Friday, could be good news for President Donald Trump two months before midterm elections in which the health of the economy is weighing on voters' minds. Hiring far exceeded the 65,000 forecasters had expected, according to a poll by FactSet. Labor Department revisions also looked good, adding 55,000 to June and July payrolls. Employers created 21,000 jobs in July; the Labor Department had originally reported that they'd cut 23,000. Restaurants and bars added 59,000 jobs last month, construction companies 22,000 and manufacturers 16,000. Factory jobs are up by 58,000 since hitting a recent low in December, the Labor Department noted. So far this year, employers — companies, government agencies and nonprofits — have added an average of more than 80,000 jobs a month. That is up from a dismal 9,700 last...

This is the Indeed Hiring Lab's monthly snapshot of the US labor market, summarizing where key indicators — job postings, wages, unemployment, and openings — stand as of April 2026 and flagging the trends worth watching in the months ahead. The Big Picture The US labor market appears to have found its (perhaps temporary) footing — albeit on lower ground. After three years of cooling from pandemic-era highs, the data increasingly suggest that the labor market, especially demand, has started to bump along the bottom. Job postings, unemployment, and openings have all been oscillating in a narrow range since late last year, even as month-to-month volatility and geopolitical uncertainty make any single reading hard to interpret. The low-hire, low-fire dynamic persists, but it may now be better understood as a new steady state rather than an ongoing deterioration. Job Postings Where we are: Indeed’s JPI stood 2.4% above pre-pandemic levels at 102.4 as of April 30, 2026. This is among the lowest readings of...